eToro Vs. Markets.com: Get Your Best Trading Platform With Complete Information

eToro offers an efficient trading platform to its traders along with providing them access to CopyTrading with eToro CopyPortfolios. The web-based trading platform and the mobile app are user-friendly which offer a variety of tools and charts. According to the eToro broker review, it enables its traders to trade in stocks, forex, ETFs, CFDs, and fractional shares. It doesn’t offer ISA and SIPP accounts, but it has many other advantages that you can check here.

Markets.com is a brokerage firm, which is listed on LSE (London Stock Exchange) and it is also a part of the FTSE 250 index. It allows its traders to enjoy Android and iOS compatibility along with a web-based trading platform at Markets.com. Among many benefits of Markets.com is the demo trading account with $10,000, real-time quotes, advanced charting capabilities, leveraged trading, 24/5 trading options, and zero commission.

Why Choose These Platforms:

eToro Markets.com
eToro is a pioneer in social trading It offers social trading
eToro is known for its charting tools It allows trading in over 2000 items
eToro covers almost all the popular cryptocurrencies for trading Markets.com offers a robust proprietary platform

Features:

eToro Markets.com
Offered CFDs 1980 2179
Cryptocurrency Traded as Actual No Yes
Cryptocurrency Traded as CFD Yes Yes
Currency Pairs 47 57
eToro Features

Trading Services:

eToro Markets.com
Alerts – Basic Available Unavailable
Virtual Trading (Demo) Available Available
Charting- Indicators/Studies (Total) 66 89
Watchlists- Total Fields 6 6
Charting – Trade From a Chart Unavailable Unavailable
Charting – Drawing Tools (Total) 13 4
Charting – Drawing Autosave Available Available
Order Types – Trailing Stop Available Available
Markets.com Trading Services

Trading Platforms

eToro Markets.com
Desktop Platform Unavailable Available
Web Platform Available Available
Proprietary Platform Available Available
Social Trading/CopyTrading Available Available
MetaTrader 4 Unavailable Available
MetaTrader 5 Unavailable Available
cTrader Unavailable Unavailable

Deposit And Withdrawal Methods

eToro Markets.com
Minimum Initial Deposit $200 $100
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Skrill (Deposit/Withdraw) Yes Yes
PayPal (Deposit/Withdraw) Yes No

Trading Fees


eToro Markets.com
Deposit Fees No No
Spread Costs Spread Fee for Stocks is 0.09% Yes And Variable
Transaction And Commission Fees No No
Overnight Fees Yes 2.5% on CFDs
Currency Conversion Fees 0.5% 0.3% of currency conversion fee
Withdrawal Fees $5 are charged every time a trader withdraw money No
Inactivity Fees $10 per month after 12 months of inactivity $10/month if you don’t log in for 90 days
eToro 0% Commission
Pros And Cons
eToro Markets.com
Pros
  • eToro offers CopyTrading
  • No commission
  • Easy to use
  • Allows trading in cryptocurrencies
  • Reliable broker
  • 24/5 customer support through chat, phone, and email
  • A low limit on minimum withdrawal
  • 100 indicators for technical analysis
Cons
  • Higher minimum deposits
  • Educational material could be better
  • Limited cryptocurrencies available
  • Fixed stop loss and profit contingency levels
Customer Support
eToro Markets.com
Ticket system and live chat Email, live chat but no call
Average responsiveness Delayed response
Market.com Customer Support
Conclusion

After the broker comparison 2020, the features and tools offered by both the brokerage firms, we can say that eToro offers a better trading experience while Markets.com provides top-notch market research. eToro also provides better mobile trading apps in forex broker comparison to Markets.com.

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